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Bank of New York Mellon Corp

Buffett’s Berkshire keeps new stock pick secret — again. What it means

by Walter Watson
Buffett’s Berkshire keeps new stock pick secret — again. What it means

Warren Buffett could be building a big stock position in the banking sector. For the second quarter in a row, his Berkshire Hathaway asked regulators to keep one or more …

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Wall Street heads into the week ahead on edge as inflation and earnings data loom

by Walter Watson
Wall Street heads into the week ahead on edge as inflation and earnings data loom

Investors are heading into next week on edge as stocks struggle to start the year, with key inflation data and big bank earnings on deck. The major averages kicked off …

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Stock market today: Live updates

by Ron Morgan
Stock market today: Live updates

Country Garden says it is unable to meet its offshore debt obligations: Reuters Chinese property developer Country Garden Holdings has said it does not expect to be able to meet …

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Nvidia, Goldman, Lockheed and more

by Walter Watson
Nvidia, Goldman, Lockheed and more

Check out the companies making headlines in midday trading. Lockheed Martin — The defense company gained about 0.6% after it reported third-quarter results that beat expectations. The company posted $6.73 …

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U.S. bank CEOs to face Senate Banking Committee hearing

by Vera Ward
U.S. bank CEOs to face Senate Banking Committee hearing

Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the …

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S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions

by Walter Watson
S&P downgrades multiple U.S. banks citing ‘tough’ operating conditions

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images S&P Global on Monday cut credit ratings and revised its outlook for multiple …

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Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

by Walter Watson
Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch

A general view of the New York Stock Exchange (NYSE) on Wall Street in New York City on May 12, 2023. Angela Weiss | AFP | Getty Images Moody’s cut …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the NYSE.  NYSE Stock futures were little changed in overnight trading as Wall Street looked ahead to a busy earnings day. Futures tied to …

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